Bank of Auckland was an

Auckland, New Zealand Auckland (pronounced ) ( mi, Tāmaki Makaurau) is a large metropolitan city in the North Island of New Zealand. The List of New Zealand urban areas by population, most populous urban area in the country and the List of cities in Oceania by po ...

note-issuing bank which took up deposits, made loans and was entitled to deal in precious metals but was not permitted to purchase real estate except to carry on its proper business.New Zealand Acts as enacted
/ref> Its business focus was on

Auckland Province The Auckland Province was a province of New Zealand from 1853 until the abolition of provincial government in 1876. Area The province covered roughly half of the North Island of New Zealand. It was the largest of the six initial provinces, both ...

. Bank of Auckland operated at The Banking House on the corner of Auckland's O'Connell and

Shortland Street ''Shortland Street'' is a New Zealand prime-time soap opera centring on the fictitious Shortland Street Hospital, first broadcast on TVNZ 2 on 25 May 1992. It is New Zealand's longest-running drama and soap opera, being broadcast continuously ...

s for almost three years from 11 July 1864 until its collapse reported on 1 April 1867. It was incorporated under the Bank of Auckland Act 1864. The capital was raised by public subscription to form a local provincial (i.e. Auckland Province) bank. The first directors when the company shares were promoted to the public were reported to be: James O'Neill (President),

Henry Isaacs Henry Isaacs (1831 – 2 August 1909, London) London-born, was a prominent Auckland, New Zealand general merchant from 1850 to 1875 principally through the firm known as E. and H. Isaacs. His elder brother Edward (1820—1891), who established ...

, David Nathan, G. M. O'Rorke, and Allan K. Taylor and the Manager was Charles F. Johns. Both O'Neill and Nathan were directors of the

Bank of New Zealand Bank of New Zealand (BNZ) is one of New Zealand's Big Four (banking), big four banks and has been operating in the country since the first office was opened in Auckland in October 1861 followed shortly after by the first branch in Dunedin in D ...

. Mr Nathan was an original shareholder but did not take up a seat on the board of the new bank. A few days after its collapse the four other banks then operating in Auckland:

Union Bank of Australia The Union Bank of Australia was an Australian bank in operation from 1837 to 1951. It was established in London in October 1837 with a subscribed capital of £500,000. The foundation of the bank had followed a visit to England by Van Diemen's Land ...

Bank of New South Wales The Bank of New South Wales (BNSW), also known commonly as The Wales, was the first bank in Australia, being established in Sydney in 1817 and situated on Broadway, New South Wales, Broadway. During the 19th century, the bank opened branches ...

and

Bank of Australasia The Bank of Australasia was an Australian bank in operation from 1835 to 1951. Headquartered in London, the bank was incorporated by Royal Charter in March 1834. It had initially been planned to additionally include first South Africa and then ...

agreed to take up the bank's business and discharge the bank's liabilities.

Share of New Zealand's banking business

The bank had less than 4% of the country's banking business in the quarter ending 30 June 1866.

References

Companies based in Auckland Defunct banks of New Zealand Banks disestablished in 1867 New Zealand companies established in 1864 Banks established in 1864 {{Bank-stub